3018 US 24 Hwy
Beloit, KS 67420
Super 8 Beloit - $105,000 Price Reduction!! · Hospitality Property For Sale · 27,240 SF

$105,000 Price Reduction! Cap Rate of 10.7% ! Offered at less than $35k/Key! This original developer/owner Super 8 is located in Beloit, KS, a small town in north central Kansas. The hotel is a 2017 recipient of Trip Advisors Certificate of Excellence Award. Area demand generators include Sunflower Manufacturing, North Central Kansas Technical College, recently named one of the Top 10 community colleges in the country, along with Mitchell County Hospital. Beloit is also the county seat of Mitchell County, providing steady government business. The hotel has a total of 58 rooms, including a variety of suites. It is offered at less than $35,000 per room, well below replacement value. The hotel also features an elevator, which is quite unusual to see in a small town property. Guest amenities include flat screen TV's, granite vanities, microwaves and mini fridges in all guestrooms, guest laundry and a meeting room. There is also ample RV and truck parking. We have listed a number of Super 8's, but this one features all the attributes of an attractive investment. That is, strong cash flow, a strong business model and an active community. Please call or email for a CA.